Startup property management software firm RentRedi announced that it raised $12 million in a Series A round, bringing total investment in the company to $17 million.
K1 Investment Management led the round, with TIA Ventures, Tribeca Early Stage Partners and RiverPark Ventures. The previous $5 million came from a pre-seed and three seed rounds, led by TIA Ventures and Tribeca Early Stage Partners, according to Crunchbase.
RentRedi focuses on mobile property management for residential rentals through an app with such features as property accounting, rent collection, tenant screening, applications, maintenance coordination, renter insurance, and e-sign leases.
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